free daily newsletter
View all innovation growth

Rinehart arrives late to Ten AGM

Mining magnate and recent media baron Gina Rinehart arrived 45 minute late to the Ten Network AGM yesterday, blaming the Sydney traffic.

Greeted by what we assume was sarcastic clapping, her less than prompt appearance comes on top of her poor attendence of Ten board meetings. Proxy firm CGI Lewis Glass recently expressed concern about how Rinehart had attended just over one in two board meetings since she joined the Ten board.

Ten has asked its biggest shareholders - Lachlan Murdoch, James Packer, Bruce Gordon and Rinehart - to chip in on a capital raising. All apart from Rinehart have so far committed. If she doesn't put up the cash by 4pm, her 10% shareholding will be diluted.

Follow SmartCompany on Facebook, LinkedIn and Twitter.

Myriam Robin


Follow on Twitter
Add me on Google+
Connect with me on LinkedIn
Myriam Robin is a reporter for SmartCompany and its sister site LeadingCompany. She has degrees in economics, international studies and journalism. She likes writing about businesses taking risks and doing new things.
Free Daily Newsletter
Invalid Input

inside innovation: how 6 SMEs shook up business

Some know me as the
Business Bitch. Others just call
me Aunty B. I'm Smartcompany's
resident Agony Aunt.

t @IamAuntyB #AuntyB

Or you can email:


Want more helpful advice from Aunty B?

Read more now